Why Bitcoin is rising

May 25, 2014 News
  Why? As of today, May 25th Bitcoin has gone up over 100$ in the past week. Why is Bitcoin following such an uptrend after months of trouble and decline. Some argue that the price has been steady for long enough and now investors are hungry and are looking to profit, other’s are saying that more people are finding out about Bitcoin and want a piece of the currency. Despite …
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Hacked Ebay database for sale for 1.45 bitcoin

May 22, 2014 News
What happened?   Recently Ebay’s database has been compromised by a group of cyberhackers. This records as the second largest database breach in history with over 140 million users compromised. We weak link in this cyberattack were the employees. The attackers were able to get access to Ebay employee credentials and were able to access the corporate network, which granted them access to the database. Ebay and Paypal urged customers …
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Ebay and Paypal hacked and leaked customer information

May 22, 2014 News
Ebay Hacked http://www.youtube.com/watch?v=T9baQ4oxkYU Thats right, Ebay has been hacked and is asking users to immediately change their passwords to avoid loss of funds and potential compromise of the account. Quoted directly from ebayinc eBay Inc. (Nasdaq: EBAY) said beginning later today it will be asking eBay users to change their passwords because of a cyberattack that compromised a database containing encrypted passwords and other non-financial data. The way the attackers …
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Google bans KryptoKit a Bitcoin wallet extention

May 20, 2014 News
KryptoKit is a wallet extention for google chrome. It is available on the Chrome Web Store. It is an instant Bitcoin wallet and a secure messaging system that runs in your google chrome browser. With Krypto-Kit you are able to create a bitcoin wallet instantly without usernames or passwords, and it also provides client side encryption in order to keep your wallet secure against attacks. KryptoKit also provides a new …
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